Stock markets will be crashing through the floor tomorrow.
The Bankers will be selling out and buying gold
Politicians will be going apoplectic.
Because the heroic Greek resistance has triumphed again! The millions on the streets is finally paying off
Greece’s government is holding an emergency meeting following a day of turmoil and international pressure triggered by PM George Papandreou’s shock announcement of a referendum on the proposed EU bailout.
Most likely the Referendum will be defeated ( if it’s not cancelled) and the whole SAVE CAPITALISM deal will fall
apart.
And this on top of winning a promise to CANCEL 50% of Greek debts.
These are some of the latest cuts…Further cuts in public sector wages and many bonuses scrapped…Some 30,000 public sector workers suspended,. …Wages cut to 60% and face lay off after a year…Wage bargaining suspended…Monthly pensions above 1,000 euros to be cut 20% above that threshold…Other cuts in pensions and lump-sum retirement pay…Tax-free threshold lowered to 5,000 euros a year from 8,000